You don't ever ask a barber whether you need a haircut.

It takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in it at a 10% interest rate.

The good thing is, we have household formation in this country.

We only want to link up with people whom we like, admire, and trust. ... We do not wish to join with managers who lack admirable qualities, no matter how attractive the prospects of their business. We've never succeeded in making a good deal with a bad person.

To be successful, you should concentrate on the world of companies, not arcane accounting mathematics.

We've got more productive capacity now than we ever have.

The important thing is to keep playing, to play against weak opponents and to play for big stakes.